Smart Mean Reversion DashboardThis indicator is designed to help traders identify potential mean reversion opportunities using a combination of Bollinger Bands, RSI, and deviation from the moving average. It provides a clean, visually appealing dashboard that displays key metrics and signals in real-time.
How to Read and Use:
Deviation from Mean:
Displays the percentage deviation of the current price from the moving average.
A high positive or negative deviation may indicate overextension and a potential mean reversion opportunity.
Bollinger Band Status:
Indicates whether the price is inside or outside the Bollinger Bands.
"Outside Upper" suggests overbought conditions, while "Outside Lower" suggests oversold conditions.
RSI Status:
Shows whether the RSI is in overbought (>70), oversold (<30), or neutral conditions.
Overbought and oversold levels can confirm potential reversal zones.
Signal:
BUY: Triggered when the price is outside the lower Bollinger Band and RSI is in the oversold zone.
SELL: Triggered when the price is outside the upper Bollinger Band and RSI is in the overbought zone.
WAIT: No clear signal; wait for better conditions.
Important Notes:
This is NOT a buy or sell recommendation. This indicator is a tool to assist in identifying potential trading opportunities. Always use it in conjunction with your own analysis and risk management.
The signals generated by this indicator are based on historical data and do not guarantee future performance.
It is recommended to use this indicator alongside other technical analysis tools and confirm signals with price action or other strategies.
Features:
Dashboard: Displays deviation, Bollinger Band status, RSI status, and signals in a clean, movable interface.
Customizable Settings: Adjust Bollinger Band length, RSI length, and moving average length to suit your trading style.
Visual Enhancements: Color-coded signals and metrics for easy interpretation in both light and dark modes.
Disclaimer:
Trading involves significant risk, and past performance is not indicative of future results. This indicator is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making trading decisions.
المؤشرات والاستراتيجيات
Engulfing Candle Indicator with Single AlertEngulfing Candle Indicator with Alerts
This custom Pine Script indicator identifies Bullish and Bearish Engulfing Candles on the price chart, which are key reversal patterns. A Bullish Engulfing occurs when a smaller bearish candle is completely engulfed by a subsequent bullish candle, signaling a potential upward trend. Conversely, a Bearish Engulfing happens when a bullish candle is engulfed by a following bearish candle, indicating a possible downward trend.
The indicator highlights these patterns on the chart with green arrows for Bullish Engulfing and red arrows for Bearish Engulfing. It also includes an alert system that notifies the user whenever either of these patterns occurs.
The script uses an Average True Range (ATR) filter to ensure that the engulfing candles have sufficient size relative to market volatility. Additionally, users can adjust the minimum engulfing size to fine-tune the signal.
FRACTAL DIMENSIONSFRACTAL DIMENSIONS was created to allow us to properly visualize
the higher time frame dimensional data, While remaining on a lower
time frame. The Fractal dimensions are basically the higher time frames.
Remaining on a lower time frame allows us to get tighter entries and exits.
Each dimension is set in a wave degree formation. From primary to sub-minute,
depending on the time frame being utilized.
These multidimensional wave degrees will be utilized later in the strategy.
This indicator was broken off of the whole for the sake of drawing lines.
The data here is just for debugging purposes and is not used in the strategy,
but yet remains pretty awesome by itself.
Fractal dimensions is the foundation of the main strategy to come.
Now that we have this data, what are we going to do with it?
0900 and 1500 Candle Marker with Rectangles and FibonacciWelcome to the Indicator
// This tool is designed to help you analyze stock - crypto - or futures charts on TradingView by marking specific times - 9:00 AM and 3:00 PM (Eastern Time) - with colored rectangles and optional Fibonacci levels.
// It is perfect for spotting key moments in your trading day - like market opens or afternoon shifts - and understanding price ranges with simple lines and numbers.
// Whether you are new to trading or just want an easy way to visualize these times - this indicator is here to assist you.
//
// What It Does
// - Draws a green rectangle at 9:00 AM and a red rectangle at 3:00 PM on your chart - based on Eastern Time (America/New_York timezone).
// - Adds dashed lines inside these rectangles (called Fibonacci levels) to show important price points - like 0.236 or 0.618 of the rectangle’s height.
// - Places numbers on these lines (e.g. "0.5") so you can see exactly what each level represents.
// - Works on different chart types (stocks - crypto - futures) and adjusts for futures trading hours if needed.
// - Is designed to work best on timeframes of 1 hour or shorter (like 1-hour - 30-minute - 15-minute - 5-minute - or 1-minute charts) - where you can see the 9:00 AM and 3:00 PM candles clearly.
// - Lets you customize what you see through a settings menu - like hiding some lines or changing colors.
YOU MAY NOT MONETIZE
ANY PORTION OF THIS CODE.
WE ARE ALL IN THIS THING TOGETHER TO WIN.
BE A BLESSING ONTO THE WORLD AND GIVE.:)
CME Price LimitCalculates the CME Price Limit
The reference price is obtained from the previous day's closing settlement price
(data pulled from the asset's daily chart with settlement enabled)
Percentage limit can be modified in settings
Buffer can be enabled (for example, 2% buffer on a 7% limit, so a line gets drawn at 5% too)
Alert can be enabled for price crossing a certain percentage from reference on the day
You can choose to plot the historical lines on every day, or the current day only
The reference price output can be found in the data window, or in the indicator status line if enabled in the settings.
Before placing real trades with this, you should compare the indicator's reference price to what's shown on CME's website, to double check that TradingView's data matches for your contract.
www.cmegroup.com
Turnover in CroreA simple indicator for turnover in crores.
You can set a threshold volume of your choice, and the indicator will display volumes below this threshold in red and volumes above it in green.
ORB Breakout Statistics with Labels and ProfitOpening Range Breakout Statistics – This indicator identifies the opening range based on user-defined inputs and detects breakouts above the high or below the low. At the end of each trading day, it classifies the session into a specific category based on price action. Additionally, it tracks profit and loss for each classification, allowing you to backtest the strategy using log files.
3SMA +30 Stan Weinstein +200WMA +alert-crossingIndicator Description: Stan Weinstein Strategy + Key Moving Averages
🔹 Introduction
This indicator combines the Classic Stan Weinstein Strategy with a modern update based on the author’s latest recommendations. It includes key moving averages that help identify trends and potential entry or exit points in the market.
📊 Included Moving Averages (Fully Customizable)
All moving averages in this indicator have modifiable parameters, allowing users to adjust values in the input settings.
1️⃣ 30-Week SMA (Stan Weinstein): A long-term trend indicator defining the asset’s main trend.
2️⃣ 40-Week SMA (Weinstein Update): An adjusted version recommended by the author in his recent updates.
3️⃣ 10-Day SMA: Displays short-term price action and helps confirm trend changes.
4️⃣ 100-Day SMA: A medium-term trend measure used by traders to assess trend strength.
5️⃣ 200-Day WMA (Weighted Moving Average): A very long-term indicator that filters market noise and confirms solid trends.
🔍 How to Interpret It
✔️ 30/40-Week SMA in an uptrend → Confirms an accumulation phase or an upward price trend.
✔️ Price above the 200-WMA → Indicates a strong and healthy long-term trend.
✔️ 10-SMA crossing other moving averages → Can signal an early entry or exit opportunity.
✔️ 100-SMA vs. 200-WMA → A breakout of the 100-SMA above the 200-WMA may signal a new bullish phase.
🚨 Built-in Alerts (Key Crossovers)
The indicator includes automatic alerts to notify traders when key moving averages cross, allowing timely reactions:
🔔 10-SMA crossing the 40-SMA → Possible medium-term trend shift.
🔔 10-SMA crossing the 200-WMA → Confirmation of a stronger trend.
🔔 40-SMA crossing the 200-WMA → Long-term trend reversal signal.
💡 Customization: All moving average periods can be adjusted in the input settings, making the indicator flexible for different trading strategies.
Triple EMA + Volume/Price SignalsOverview
This script merges three exponential moving averages (EMA) with adaptive volume thresholds to identify high-confidence trends. Unlike basic volume indicators, it triggers signals only when volume exceeds both a user-defined absolute value (e.g., 500k) and a percentage increase (e.g., 5%) – reducing noise in volatile markets.
Key Features
Triple EMA System:
Short (9), Medium (21), and Long (50) EMAs for trend direction.
Bullish Signal: Short EMA > Medium EMA > Long EMA.
Bearish Signal: Short EMA < Medium EMA < Long EMA.
Dual-Threshold Volume Confirmation:
Absolute Volume: Highlight bars where volume exceeds X (e.g., 500,000).
Percentage Increase: Highlight bars where volume rises by Y% (e.g., 5%) vs. prior bar.
Users can enable/disable either threshold.
Customizable Alerts:
Trigger alerts only when both EMA alignment and volume conditions are met.
How It Works
Trend + Volume Synergy:
A bullish EMA crossover alone might be a false breakout. This script requires additional volume confirmation (e.g., 500k volume + 5% spike) to validate the move.
Flexibility: Adjust thresholds for different assets:
Stocks: Higher absolute volume (e.g., 1M shares).
Crypto: Smaller absolute volume but larger % spikes (e.g., 10%).
Usage Examples
Swing Trading:
Set EMA lengths to 20/50/200 and volume thresholds to 500k + 5% on daily charts.
Scalping:
Use 5/13/21 EMAs with 100k volume + 3% spikes on 5-minute charts.
MÈGAS ALGO : ZIG-ZAG CYCLE INSIGTH [INDICATOR]Overview
The Zig-Zag Cycle Insigth is a revisited version of the classic Zig Zag indicator, designed to provide traders with a more comprehensive and actionable view of price movements.
This advanced tool not only highlights significant price swings but also incorporates additional features such as cycle analysis, real-time data tracking, and Fibonacci retracement levels. These enhancements make it an invaluable resource for identifying trends, potential reversal points, and market structure.
This indicator adheres to TradingView's guidelines and is optimized for both technical analysts and active traders who seek deeper insights into market dynamics.
Key Features:
1. Customizable Thresholds for Price Movements:
- Users can set personalized thresholds for price movement percentages and time periods.
This ensures that only significant price swings are plotted, reducing noise and increasing
clarity.
- Straight lines connect swing highs and lows, providing a cleaner visual representation of
the trend.
2. Cycle Analysis Table:
- A dynamic table is included to analyze price cycles based on three key factors:
- Price Change: Measures the magnitude of each swing (high-to-low or low-to-high).
- Time Duration (Bar Count): Tracks the number of bars elapsed between consecutive swings,
offering precise timing insights.
- Volume: Analyzes trading volume during each segment of the cycle.
- The indicator calculates the **maximum**, **minimum**, and **mean** values for each
parameter across all completed cycles, providing deeper statistical insights into market
behavior.
- This table updates in real-time, offering traders a quantitative understanding of how price
behaves over different cycles.
3. Real-Time Data Integration:
- The indicator displays live updates of current price action relative to the last identified
swing high/low. This includes:
- Current distance from the last pivot point.
- Percentage change since the last pivot.
- Volume traded since the last pivot.
4. Fibonacci Retracement Levels:
- Integrated Fibonacci retracement levels are dynamically calculated based on the most
recent significant swing high and low.
- Key retracement levels (23.6%, 38.2%, 50%, 61.8%, and 78.6%) are plotted alongside the Zig
Zag lines, helping traders identify potential support/resistance zones.
- Extension levels (100%, 161.8%, etc.) are also included to anticipate possible breakout
targets.
5. Customizable Alerts:
- Users can configure alerts for specific real-time conditions, such as:
- Price Change
- Duration
- Volume
- Fibonacci Retracement Levels
How It Works:
1. Zig Zag Identification:
- The indicator scans historical price data to identify significant turning points where the
price moves by at least the user-defined percentage threshold.
- These turning points are connected by straight lines to form the Zig Zag pattern.
2. Cycle Analysis:
For each completed cycle (from one swing high/low to the next), the indicator calculates:
- Price Change: Difference between the start and end prices of the cycle.
- Maximum Price Change: The largest price difference observed across all cycles.
- Minimum Price Change: The smallest price difference observed across all cycles.
- Mean Price Change: The average price difference across all cycles.
- Time Duration (Bar Count): Number of bars elapsed between consecutive swings.
- Maximum Duration: The longest cycle in terms of bar count.
- Minimum Duration: The shortest cycle in terms of bar count.
- Mean Duration: The average cycle length in terms of bar count.
- Volume: Total volume traded during the cycle.
- Maximum Volume: The highest volume traded during any single cycle.
- Minimum Volume: The lowest volume traded during any single cycle.
- Mean Volume: The average volume traded across all cycles.
- These calculations provide traders with a statistical overview of market behavior, enabling
them to identify patterns and anomalies in price, time, and volume.
3. Fibonacci Integration:
- Once a new swing high or low is identified, the indicator automatically calculates Fibonacci
retracement and extension levels.
- These levels serve as reference points for potential entry/exit opportunities.
4. Real-Time Updates:
- As the market evolves, the indicator continuously monitors the relationship between the
current price and the last identified swing point.
- Real-time metrics, such as percentage change and volume, are updated dynamically.
5. Alerts Based on Real-Time Parameters:
- The indicator allows users to set customizable alerts based on real-time conditions:
- Price Change Alert: Triggered when the real-time price change is less or greater than a
predefined percentage threshold (e.g., > or < fixed value).
- Duration Alert: Triggered when the cycle duration (in bars) is less or greater than a
predefined
bar count threshold (e.g., > or < fixed value).
- Volume Alert: Triggered when the trading volume during the current cycle is less or greater
than a predefined volume threshold (e.g., > or < fixed value).
Advantages of Zig-Zag Cycle Insigth
- Comprehensive Insights: Combining cycle analysis, Fibonacci retracements, and real-time data
provides a holistic view of market conditions.
- Statistical Analysis: The inclusion of maximum, minimum, and mean values for price change,
duration, and volume offers deeper insights into market behavior.
- Actionable Signals: Customizable alerts ensure traders never miss critical market events based
on real-time price, duration, and volume parameters.
- User-Friendly Design: Clear visuals and intuitive controls make it accessible for traders of all
skill levels.
Reference:
TradingView/ZigZag
TradingView/AutofibRetracement
Please Note:
This indicator is provided for informational and educational purposes only. It is not financial advice, and it should not be considered a recommendation to buy, sell, or trade any financial instrument. Trading involves significant risks, including the potential loss of your entire investment. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
The results and images provided are based on algorithms and historical/paid real-time market data but do not guarantee future results or accuracy. Use this tool at your own risk, and understand that past performance is not indicative of future outcomes.
Open Vertical Lines [TradeWithRon]This indicator allows traders to draw vertical lines manually or automatically based on the current or specified higher timeframes. It is a versatile tool designed to help users identify and mark significant changes in the market, such as new candle formations, based on a selected or auto-adjusted timeframe.
Open Source
Features:
Timeframe Customization: Users can either manually specify a desired timeframe (e.g., 1-hour, 1-day, etc.) or enable the "Auto" feature, which automatically adjusts the timeframe based on the current chart's timeframe for better alignment with different trading strategies.
Customizable Line Style: The vertical line can be drawn in three different styles: Solid, Dashed, or Dotted, giving users the flexibility to choose their preferred appearance for better chart readability.
Line Color: Users can select the color of the vertical line with transparency options to match their chart's visual preferences.
Auto Timeframe Adjustments: The "Auto Align" option dynamically adjusts the timeframe used for vertical lines depending on the chart's current timeframe. For example, if you’re using a lower timeframe (e.g., 5 minutes), the indicator will automatically switch to a higher timeframe (e.g., 1 hour or daily) to mark vertical lines, ensuring the lines correspond to higher timeframe price action.
Vertical Line Placement:
A vertical line is placed each time a new candle appears on the chart, marking key moments for the user to analyze market movements. This can be helpful for marking the start of new trading sessions or significant events in the market.
How to Use:
1. Apply the indicator to your chart.
2. Configure the preferred timeframe settings (either fixed or auto-align).
3. Customize the line style and color according to your visual preference.
4. The indicator will automatically place vertical lines on the chart when a new candle is formed, based on your selected timeframe.
Smart Grid Scalping (Pullback) Strategy[BullByte]The Smart Grid Scalping (Pullback) Strategy is a high-frequency trading strategy designed for short-term traders who seek to capitalize on market pullbacks. This strategy utilizes a dynamic ATR-based grid system to define optimal entry points, ensuring precise trade execution. It integrates volatility filtering and an RSI-based confirmation mechanism to enhance signal accuracy and reduce false entries.
This strategy is specifically optimized for scalping by dynamically adjusting trade levels based on current market conditions. The grid-based system helps capture retracement opportunities while maintaining strict trade management through predefined profit targets and trailing stop-loss mechanisms.
Key Features :
1. ATR-Based Grid System :
- Uses a 10-period ATR to dynamically calculate grid levels for entry points.
- Prevents chasing trades by ensuring price has reached key levels before executing entries.
2. No Trade Zone Protection :
- Avoids low-volatility zones where price action is indecisive.
- Ensures only high-momentum trades are executed to improve success rate.
3. RSI-Based Entry Confirmation :
- Long trades are triggered when RSI is below 30 (oversold) and price is in the lower grid zone.
- Short trades are triggered when RSI is above 70 (overbought) and price is in the upper grid zone.
4. Automated Trade Execution :
- Long Entry: Triggered when price drops below the first grid level with sufficient volatility.
- Short Entry: Triggered when price exceeds the highest grid level with sufficient volatility.
5. Take Profit & Trailing Stop :
- Profit target set at a customizable percentage (default 0.2%).
- Adaptive trailing stop mechanism using ATR to lock in profits while minimizing premature exits.
6. Visual Trade Annotations :
- Clearly labeled "LONG" and "SHORT" markers appear at trade entries for better visualization.
- Grid levels are plotted dynamically to aid decision-making.
Strategy Logic :
- The script first calculates the ATR-based grid levels and ensures price action has sufficient volatility before allowing trades.
- An additional RSI filter is used to ensure trades are taken at ideal market conditions.
- Once a trade is executed, the script implements a trailing stop and predefined take profit to maximize gains while reducing risks.
---
Disclaimer :
Risk Warning :
This strategy is provided for educational and informational purposes only. Trading involves significant risk, and past performance is not indicative of future results. Users are advised to conduct their own due diligence and risk management before using this strategy in live trading.
The developer and publisher of this script are not responsible for any financial losses incurred by the use of this strategy. Market conditions, slippage, and execution quality can affect real-world trading outcomes.
Use this script at your own discretion and always trade responsibly.
TTM Squeeze Momentum MTF [Cometreon]TTM Squeeze Momentum MTF combines the core logic of both the Squeeze Momentum by LazyBear and the TTM Squeeze by John Carter into a single, unified indicator. It offers a complete system to analyze the phase, direction, and strength of market movements.
Unlike the original versions, this indicator allows you to choose how to calculate the trend, select from 15 different types of moving averages, customize every parameter, and adapt the visual style to your trading preferences.
If you are looking for a powerful, flexible and highly configurable tool, this is the perfect choice for you.
🔷 New Features and Improvements
🟩 Unified System: Trend Detection + Visual Style
You can decide which logic to use for the trend via the "Show TTM Squeeze Trend" input:
✅ Enabled → Trend calculated using TTM Squeeze
❌ Disabled → Trend based on Squeeze Momentum
You can also customize the visual style of the indicator:
✅ Enable "Show Histogram" for a visual mode using Histogram, Area, or Column
❌ Disable it to display the classic LazyBear-style line
Everything updates automatically and dynamically based on your selection.
🟩 Full Customization
Every base parameter of the original indicator is now fully configurable: lengths, sources, moving average types, and more.
You can finally adapt the squeeze logic to your strategy — not the other way around.
🟩 Multi-MA Engine
Choose from 15 different Moving Averages for each part of the calculation:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
RMA (Smoothed Moving Average)
HMA (Hull Moving Average)
JMA (Jurik Moving Average)
DEMA (Double Exponential Moving Average)
TEMA (Triple Exponential Moving Average)
LSMA (Least Squares Moving Average)
VWMA (Volume-Weighted Moving Average)
SMMA (Smoothed Moving Average)
KAMA (Kaufman’s Adaptive Moving Average)
ALMA (Arnaud Legoux Moving Average)
FRAMA (Fractal Adaptive Moving Average)
VIDYA (Variable Index Dynamic Average)
🟩 Dynamic Signal Line
Apply a moving average to the momentum for real-time cross signals, with full control over its length and type.
🟩 Multi-Timeframe & Multi-Ticker Support
You're no longer limited to the chart's current timeframe or ticker. Apply the squeeze to any symbol or timeframe without repainting.
🔷 Technical Details and Customizable Inputs
This indicator offers a fully modular structure with configurable parameters for every component:
1️⃣ Squeeze Momentum Settings – Choose the source, length, and type of moving average used to calculate the base momentum.
2️⃣ Trend Mode Selector – Toggle "Show TTM Squeeze Trend" to select the trend logic displayed on the chart:
✅ Enabled – Shows the trend based on TTM Squeeze (Bollinger Bands inside/outside Keltner Channel)
❌ Disabled – Displays the trend based on Squeeze Momentum logic
🔁 The moving average type for the Keltner Channel is handled automatically, so you don't need to select it manually, even if the custom input is disabled.
3️⃣ Signal Line – Toggle the Signal Line on the Squeeze Momentum. Select its length and MA type to generate visual cross signals.
4️⃣ Bollinger Bands – Configure the length, multiplier, source, and MA type used in the bands.
5️⃣ Keltner Channel – Adjust the length, multiplier, source, and MA type. You can also enable or disable the True Range option.
6️⃣ Advanced MA Parameters – Customize the parameters for advanced MAs (JMA, ALMA, FRAMA, VIDYA), including Phase, Power, Offset, Sigma, and Shift values.
7️⃣ Ticker & Input Source – Select the ticker and manage inputs for alternative chart types like Renko, Kagi, Line Break, and Point & Figure.
8️⃣ Style Settings – Choose how the squeeze is displayed:
Enable "Show Histogram" for Histogram, Area, or Column style
Disable it to show the classic LazyBear-style line
Use Reverse Color to invert line colors
Toggle Show Label to highlight Signal Line cross signals
Customize trend colors to suit your preferences
9️⃣ Multi-Timeframe Options - Timeframe – Use the squeeze on higher timeframes for stronger confirmation
🔟 Wait for Timeframe Closes -
✅ Enabled – Prevents multiple signals within the same candle
❌ Disabled – Displays the indicator smoothly without delay
🔧 Default Settings Reference
To replicate the default settings of the original indicators as they appear when first applied to the chart, use the following configurations:
🟩 TTM Squeeze (John Carter Style)
Squeeze
Length: 20
MA Type: SMA
Show TTM Squeeze Trend: Enabled
Bollinger Bands
Length: 20
Multiplier: 2.0
MA Type: SMA
Keltner Channel
Length: 20
Multiplier: 1.0
Use True Range: ON
MA Type: EMA
Style
Show Histogram: Enabled
Reverse Color: Enabled
🟩 Squeeze Momentum (LazyBear Style)
Squeeze
Length: 10
MA Type: SMA
Show TTM Squeeze Trend: Disabled
Bollinger Bands
Length: 20
Multiplier: 1.5
MA Type: SMA
Keltner Channel
Length: 10
Multiplier: 1.5
Use True Range: ON
MA Type: SMA
Style
Show Histogram: Disabled
Reverse Color: Disabled
⚠️ These values are intended as a starting point. The Cometreon indicator lets you fully customize every input to fit your trading style.
🔷 How to Use Squeeze Momentum Pro
🔍 Identifying Trends
Squeeze Momentum Pro supports two different methods for identifying the trend visually, each based on a distinct logic:
Squeeze Momentum Trend (LazyBear-style):
Displays 3 states based on the position of the Bollinger Bands relative to the Keltner Channel:
🔵 Blue = No Squeeze (BB outside KC and KC outside BB)
⚪️ White = Squeeze Active (BB fully inside KC)
⚫️ Gray = Neutral state (none of the above)
TTM Squeeze Trend (John Carter-style):
Calculates the difference in width between the Bollinger Bands and the Keltner Channel:
🟩 Green = BB width is greater than KC → potential expansion phase
🟥 Red = BB are tighter than KC → possible compression or pre-breakout
📈 Interpreting Signals
Depending on the active configuration, the indicator can provide various signals, including:
Trend color → Reflects the current compression/expansion state (based on selected mode)
Momentum value (above or below 0) → May indicate directional pressure
Signal Line cross → Can highlight momentum shifts
Color change in the momentum → May suggest a potential trend reversal
🛠 Integration with Other Tools
Squeeze Momentum Pro works well alongside other indicators to strengthen market context:
✅ Volume Profile / OBV – Helps confirm accumulation or distribution during squeezes
✅ RSI – Useful to detect divergence between momentum and price
✅ Moving Averages – Ideal for defining primary trend direction and filtering signals
☄️ If you find this indicator useful, leave a Boost to support its development!
Every piece of feedback helps improve the tool and deliver an even better trading experience.
🔥 Share your ideas or feature requests in the comments!
Exponential Action Map (EAM)### **Exponential Action Map (EAM) – Description and Differences from VPVR**
The Exponential Action Map (EAM) indicator is a Pine Script-based volume profile indicator that offers **a weighted representation of buying and selling activity**. Unlike the standard **Volume Profile Visible Range (VPVR)**, which simply shows traded volume at various price levels, the EAM provides the following additional features:
1. **Exponential Weighting**:
- Instead of treating the volume of all considered bars equally, the EAM uses a **decay factor** to gradually diminish the significance of older data. This allows **more recent price movements to have greater influence**, making it particularly useful for short-term analysis.
2. **Exponential Stealth Move (ESM)**:
- In addition to buy and sell volume, the EAM calculates and displays the **Exponential Stealth Move (ESM)**.
- This measures the relative price movement compared to volume and highlights areas where **significant price changes occur with low volume**, which may indicate institutional activity or strong momentum.
- The ESM visualization is not present in VPVR, making it a distinct and valuable feature.
3. **Visualization Methodology**:
- Instead of simple histograms like in VPVR, volume is represented by **dynamic boxes** that encompass Buy (EBA), Sell (ESA), and Stealth Move (ESM) activities.
- The size and color of these boxes are **customizable**, allowing for clear differentiation between various volume types.
4. **Flexibility & Configuration**:
- Users can adjust parameters such as **Number of Bars, Decay Factor, Bar Width, and Maximum History Data**.
- The ability to **toggle historical data visibility** offers a **tailored view** that VPVR does not provide.
**Conclusion:** The EAM extends the classic volume profile (VPVR) by introducing **time-weighted volume analysis and detection of Stealth Moves (ESM)**. This not only highlights price levels with high trading volume but also reveals **price movements with low liquidity**, which can potentially indicate institutional interest.
Combined + Reversal By DemirkanThis indicator is a comprehensive tool designed to identify potential trend reversals, trend direction, and entry/exit points by combining multiple technical analysis instruments. It includes the following components:
Two Reversal Lines (Based on Donchian Channel): Two lines with different periods indicate potential support/resistance levels and trend changes.
Hull Moving Average (HMA): A smoother, less lagging moving average helps determine trend direction and short-term momentum.
Fibonacci Level: A dynamic Fibonacci retracement level, calculated based on the highest high and lowest low over a specific period, serves as a potential support or area of interest.
Signal Generation: Produces Buy/Sell signals based on the crossovers and conditions of these components.
Visual Aids: Enhances interpretation by coloring the area between lines, coloring candlesticks, and adding labels.
Detailed Component Description:
Input Parameters (Settings):
Reversal Line 1 Length (Default: 100): The period (number of bars) used to calculate the first reversal line. Longer periods capture slower, more significant trends.
Reversal Line 2 Length (Default: 33): The period used to calculate the second reversal line. Shorter periods react to faster, shorter-term changes.
HMA Length (Default: 100): The period for calculating the Hull Moving Average.
Source (Default: close): The price source used for all calculations (close, open, high, low, etc.).
Reversal Line Bar Offset (Default: 3): Determines how many bars forward the Reversal Lines are shifted on the chart. This can make signals appear slightly earlier (or later, depending on the strategy). 0 means no shift.
Fibonacci Level (Default: 0.382): Specifies the Fibonacci retracement level (between 0.0 and 1.0). Common levels like 0.382, 0.5, 0.618 can be used.
Lookback Period (Default: 20): The period (number of bars) over which to look back for the highest high and lowest low to calculate the Fibonacci level.
Price Margin (Default: 0.005): Tolerance (as a percentage) determining how close the price needs to be to the Fibonacci level to be considered "at the level". E.g., 0.005 = 0.5%. If the price is within 0.5% of the calculated Fibonacci level, the condition is met.
Calculations:
donchian(len) Function: Calculates the average (math.avg) of the highest high (ta.highest) and lowest low (ta.lowest) over a specific period (len). This is effectively the midline of a classic Donchian Channel and is used here as the "Reversal Line".
Reversal Lines (conversionLine1, conversionLine2): Calculated using the donchian function based on the user-defined conversionPeriods1 and conversionPeriods2 lengths.
Hull Moving Average (hullMA): Calculated using the hma function. This function uniquely combines Weighted Moving Averages (WMA) to achieve less lag.
Fibonacci Level Calculation (fibLevel1, isAtFibLevel): Finds the highest high and lowest low within the lookbackPeriod, calculates the range (priceRange). fibLevel1 is determined by subtracting priceRange * fibLevel from the highest high (representing a retracement level). isAtFibLevel checks if the current closing price is within the priceMargin tolerance of the calculated fibLevel1.
Visual Elements (Plots/Drawing):
plot(conversionLine1 , ...): Plots the first reversal line in blue, shifted forward by barOffset.
plot(conversionLine2 , ...): Plots the second reversal line in black, shifted forward by barOffset.
plot(hullMA, ...): Plots the Hull Moving Average in orange.
plot(fibLevel1, ...): Plots the calculated Fibonacci level as a light blue, dashed line.
fill(...): Fills the area between the two (shifted) reversal lines. The area is colored blue if conversionLine1 > conversionLine2 (often interpreted as bullish) and red otherwise (bearish). The color transparency is set to 90 (almost opaque).
label.*: Adds labels at trend change points. A "Buy" label appears when the area turns blue (Line 1 crosses above Line 2), and a "Sell" label appears when it turns red (Line 1 crosses below Line 2). Labels appear once when the trend starts and are updated/deleted when the trend changes.
plotshape(...): Plots shapes (arrows/labels) on the chart when specific conditions are met:
Reversal Crossover Signals: A green up arrow (shape.labelup) appears when conversionLine2 crosses above conversionLine1 (Buy Signal - buySignal). A red down arrow (shape.labeldown) appears when conversionLine1 crosses below conversionLine2 (Sell Signal - sellSignal).
Hull MA Signals: A green up arrow (hullBuySignal) appears when the price closes above the HMA after being below it. A red down arrow (hullSellSignal) appears when the price closes below the HMA after being above it.
Fibonacci Buy Signal: A purple up arrow (fibBuySignal) appears when both the price is near the calculated Fibonacci level (isAtFibLevel) and a Hull MA Buy signal (hullBuySignal) occurs simultaneously. This signifies a "confluence" signal.
barcolor(...): Changes the color of the candlesticks. Bars turn blue on a Hull MA Buy signal (hullBuySignal) and red on a Hull MA Sell signal (hullSellSignal). Otherwise, the bar color remains the default chart color.
How to Use / Interpret:
Trend Direction:
Observe the color of the filled area between the reversal lines (Blue = Uptrend, Red = Downtrend).
Note whether the price is above or below the Hull MA.
Consider the slope of the Hull MA (upward or downward).
Entry/Exit Signals:
Aggressive: Use the crossovers of the reversal lines (buySignal, sellSignal). Green arrow suggests buy, red arrow suggests sell.
Trend Following: Use the HMA crossovers (hullBuySignal, hullSellSignal). Green arrow suggests buy, red arrow suggests sell. The bar colors also confirm these signals visually.
Confirmed Buy: Look for the Fibonacci Buy Signal (Purple arrow). When the price reaches a potential support level (Fibonacci) and simultaneously gets an HMA Buy signal, it can be considered a stronger buy indication.
Support/Resistance:
The reversal lines themselves can act as dynamic support/resistance levels.
The plotted Fibonacci level (fibLevel1) can be monitored as a potential retracement and support zone.
Strategy:
Confluence (multiple signals aligning) can increase confidence. For example, a buySignal or hullBuySignal occurring while the HMA is pointing up and the fill area is blue might be considered stronger.
Adjust the barOffset parameter to fine-tune the timing of the visual signals according to your trading style.
Use the Fibonacci Buy signal to potentially find entry points after pullbacks in an uptrend or near potential bottoms after a decline.
Important Notes:
No single indicator provides 100% accurate signals. It's crucial to use this indicator in conjunction with other analysis methods (price action, chart patterns, volume, etc.) and sound risk management strategies.
The indicator's performance might vary in different market conditions (trending, sideways) and across different timeframes. Backtesting before live trading is recommended.
The barOffset value shifts the plotting of the lines forward visually but does not change the time at which the underlying calculation occurs (it's still based on the data up to the current closing bar).
EREMA SignalsOverview
The EREMA Signals indicator is a specialized overlay tool designed to display precise buy and sell signals directly on your price chart. Working as a companion to the main Ehlers Reverse EMA indicator, it brings powerful momentum-based signals to your trading strategy without cluttering your chart with additional indicator panels.
Key Features
On-Chart Signal Visualization: Clear buy/sell arrows appear directly on the price chart
Dynamic Signal Positioning: Signals automatically adjust their distance from price using ATR for optimal visibility
Multiple Signal Types: Choose from three distinct signal generation methods
Clean Chart Interface: Displays only the essential signals, maintaining chart clarity
Signal Types
Zero Cross: Generates signals when the Ehlers Reverse EMA crosses above/below the zero line
MA Cross: Identifies when the Ehlers Reverse EMA crosses its own moving average
Zero & MA Cross: The strictest filter, requiring both zero line and MA crossovers for signal generation
How To Use
Setup
First add the main "Ehlers Reverse EMA" indicator to your chart
Then add this "EREMA Signals" indicator as an overlay
Configure both indicators with identical settings for alpha, MA type, and signal method
Reading Signals
Green Triangles (below price): Buy signals indicating potential upward momentum
Red Triangles (above price): Sell signals indicating potential downward momentum
Trading Applications
Trend Identification: Zero cross signals help identify changes in overall trend direction
Momentum Trading: MA cross signals can identify shorter-term momentum shifts
Confirmation Tool: Use alongside other technical indicators or price action strategies
Multiple Timeframe Analysis: Apply to different timeframes for more robust trading decisions
Best Practices
Consider using longer timeframes (4H, Daily) for more reliable signals
The combined "Zero & MA Cross" setting provides fewer but higher-quality signals
For tighter entries, use the "MA Cross" option in established trends
Adjust the Alpha parameter to match your trading style (lower for longer-term, higher for shorter-term)
This indicator works seamlessly with the main Ehlers Reverse EMA indicator while maintaining a clean chart interface, making it ideal for traders who prefer visual simplicity without sacrificing analytical power.
